28 C
Accra,Ghana
Monday, February 19, 2018
Three persons are said to be in the race for possible nomination by the President as first Deputy Governor of the Bank of Ghana (BoG). The position became vacant after the current Deputy Governor, Millison Narh announced his decision to retire. The decision was communicated following a meeting with the President,...
I had left Accra 11 years earlier (in September 1993) on full scholarship to study law at Oxford. The plan was to return immediately I earned the degree, but one thing led to another and in the three years before I finally made the move home, I’d been busy...
Telecommunications giant, MTN Ghana has launched the 7th edition of its annual Internet Festival dubbed iFest at the Mall in Accra. The aim of the festival is to highlight the enormous benefits the internet provides to consumers and businesses across the country. The month-long event which is on the theme:  “Living...
The Ghana Stock Exchange (GSE) has announced that five companies have been suspended from trading in shares effective from Monday, August 28, 2017. The companies are African Champion Industry Limited (ACI), Clydestone (Ghana) Limited (CLYD), Golden Web Limited (GWEB), Pioneer Kitchenware Limited (PKL) and Transaction Solutions Limited (TRANSOL). According to a...
The controversial $72 million software procured by the Social Security and National Insurance Trust (SSNIT) is functioning despite an earlier claim to the contrary. Investigations by Joy News have revealed key modules of the Operating Business Suite (OBS) are working to expectation. Out of the total 14 modules of the OBS,...
The Association of Ghana Industries (AGI) is calling for a further reduction in Interest rates on loans. The Annual Percentage Rates and Average Interest Rates recorded marginal drop in October last year compared to September of the same year. Between September and October 2017 all but one of the...
A local non-governmental organization, Constellar Institute for Creative Studies (CICS), is targeting to facilitate the establishment of 350 factories nationwide in two years. The initiative is under a special incubator programme, known as Industrial Empowerment Seminar,. CICS and its partners will create 7, 000 jobs over the period. The programme will be...
The National Insurance Commission (NIC) has barred two insurance companies from full operation. It has also extended its deadline till end of 2018 for companies to meet its increased minimum capital gain. The Insurance Act requires that all insurance and reinsurance companies meet a minimum capital requirement of Gh¢...
Former deputy Power minister John Jinapor has predicted a hike in prices of petroleum products in the country if the Cedi continues to depreciate against the dollar. Currently, a dollar is to GHC4.60p and keeps rising. Analysts have blamed the development on market forces which government has no control...
President of the Republic of Ghana, Nana Addicted Dankwa Akufo-Addo, has charged the newly outdoored Board of Public Utility Regulatory Commission to endeavor to work hard and protect the interest of the consumers.He also wants the Board to be strict at all times that sanctions are applied...